marine link image

China Extends Waiver on Port Construction Fees

June 24, 2020

© William Messing / Adobe Stock
© William Messing / Adobe Stock

China’s Ministry of Finance said on Wednesday it would extend a waiver on port construction fees for imported and exported cargoes until the end of 2020 from June 30.

The ministry will also extend a reduction in fees paid to the compensation fund for ship pollution until the end of this year.

The move is part of Beijing’s efforts to help business resume amid the coronavirus pandemic and to shore up its export industry.


(Reporting by Muyu Xu and Beijing Newsroom; Editing by Christian Schmollinger)

Logistics News

Port of Oakland: Exports Continue to Outperform Imports

Port of Oakland: Exports Continue to Outperform Imports

Aker Solutions Wins FEED Contract for Lithuania CO₂ Terminal

Aker Solutions Wins FEED Contract for Lithuania CO₂ Terminal

Argentina Grain Exports Rise From Strong Harvest

Argentina Grain Exports Rise From Strong Harvest

Tanker Bound for Cuba with Fuel Cargo Diverts to Trinidad

Tanker Bound for Cuba with Fuel Cargo Diverts to Trinidad

Subscribe for Maritime Logistics Professional E‑News

US airline CEOs call on Congress to resolve the standoff and pay airport security personnel
Dubai Media Office reports that a fire breaks out near Dubai International Airport following a drone attack.
The Paris Mayoral race tests the support for green transformation